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Software Functionality Revealed in Detail
We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.
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 how to make a fifo in accounting


Charting a New Course in Effective Distribution Supply Chain Management
Wholesale distributors that pursue growth while neglecting supply chain effectiveness are putting their long-term survival at risk—usually for no good reason

how to make a fifo in accounting  be asking these questions: How can we continue to add top-line growth while remaining flexible and able to react to change? How do we reduce the risk of doing business internationally while capturing the economies and efficiencies of scale? Where is the risk? Where is the variability? Where are the synergies with the new areas -- geographic, supplier-related, or new categories of inventory -- that we are moving into? How can we maintain margin and profitability to make that growth/expansion pay off? What

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Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

Financial Packages RFI/RFP Template

General Ledger, Accounts Payable, Fixed Assets, Cost Accounting, Cash Management, Budgeting, Accounts Receivable, Financial Reporting, Project Accounting, Product Technology 

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Documents related to » how to make a fifo in accounting

Streamlining Your Conversion to IFRS: Challenges, Choices, and Transformative Technologies


Transitioning to international financial reporting standards (IFRS) is more than just a mandate—it’s an opportunity for companies to improve their financial consolidation and reporting systems, and enable rapid legal compliance. But making the switch requires careful planning, thoughtful execution, and support from personnel throughout the enterprise. Find out how your company can manage the change.

how to make a fifo in accounting  facing today's companies is how to best support their financial consolidation and reporting needs in order to achieve IFRS compliance. Andrew Bray, Technology Director, PricewaterhouseCoopers LLP And when the numbers are crunched using IFRS , the results can be surprising. For example, an international manufacturer might blame losses on expenses related to an acquisition in another country. The parent company might use IFRS and report that most of the value of the subsidiary was wiped out on its balance Read More

Responding to Warehouse Management Needs


The area of warehouse management systems and supply chain execution might be the best examples of Adonix' commitment to provide small and large businesses with the building blocks for supply chain management.

how to make a fifo in accounting  it is going, and how it will be delivered. The system promises to provide the following features and benefits: increased productivity in the shipping process, due to the ability to ship any carrier from any workstation, instead of using multiple systems and since combined picking and shipping reduces steps in the shipment process reduced shipping costs and improved leverage with carriers due to rate-shopping searches for the lowest rate and even user's own negotiated rates, and for reduced reliance on a Read More

Achieving Effective Inventory Management


In today’s competitive business environment, wholesale distributors face critical factors that directly affect customer satisfaction and profit margins. These challenges, combined with customer demands for product availability, can conflict with operational goals of increasing inventory turnover and minimizing costs. However, business automation software can deliver sophisticated distribution capabilities designed to help you with these important business issues.

how to make a fifo in accounting  when they know specifically how many pieces of a product are at each location. Flexible Cycle Counting To achieve effective inventory management, it is necessary to verify that the on-hand quantities in the computer accurately represent what is on the shelf. To this end, some distributors perform a full physical inventory annually. However, performing a complete physical inventory does not ensure that counts will remain accurate over the next one to six months following the physical count. How small a Read More

Cost-justifying Warehouse Management Technologies in Small and Midsized Warehouses


The warehouse management system (WMS) concept has matured into a collection of time-tested technologies that reduce inventory costs and increase overall inventory management efficiencies. By implementing WMS technology, organizations can achieve a higher return on their software dollars and provide better service to their customers. A WMS can provide organizations with tangible benefits that improve warehouse operations without adding headcount.

how to make a fifo in accounting  Ask your accounting clerk how long it takes to type in the freight charges, the 18 character alphanumeric tracking number, other data, and the keystrokes necessary to complete the order. Let's say it takes one minute per order, multiplied by 250 orders or 4.2 hours a day. This is assuming that this clerk types non-stop and does not take a single break or gets interrupted. At a labor rate of $20/hr with benefits, multiplied by 4.2 hours, we have a total labor expense of $84 a day, $1,848 a month and an Read More

Collaboration 2.0: Taking Collaboration to the Next Level: From the E-mail and Document-centric World of 'Enterprise 1.0' to the People-Centric World of Enterprise 2.0


Most business collaboration continues to be conducted via e-mail and shared folders, but forward-looking organizations are increasingly considering socially oriented and real-time collaboration solutions to instantly and seamlessly increase productivity between employees, suppliers, customers, and stakeholders. This white paper discusses new products, services, and technologies entering the enterprise collaboration space.

how to make a fifo in accounting  2.0: Taking Collaboration to the Next Level: From the E-mail and Document-centric World of 'Enterprise 1.0' to the People-Centric World of Enterprise 2.0 Most business collaboration continues to be conducted via e-mail and shared folders, but forward-looking organizations are increasingly considering socially oriented and real-time collaboration solutions to instantly and seamlessly increase productivity between employees, suppliers, customers, and stakeholders. This white paper discusses new Read More

Top 10 Reasons to Take Your Field Service to the Cloud


Field service organizations both large and small are flocking to the cloud. They are abandoning on-premise software and simplifying technology so they can focus on what’s important: making customers happy. Here are 10 reasons why they have made the switch and why you need to take your field service organization to the cloud . . . or get left behind. Download the white paper and find out.

how to make a fifo in accounting  10 Reasons to Take Your Field Service to the Cloud Field service organizations both large and small are flocking to the cloud. They are abandoning on-premise software and simplifying technology so they can focus on what’s important: making customers happy. Here are 10 reasons why they have made the switch and why you need to take your field service organization to the cloud . . . or get left behind. Download the white paper and find out. Read More

Business Intelligence in SAP Business All-in-One: Improve Transparency and Agility


Business intelligence (BI) functionality can help your company gains visibility, insight, operational alignment, and accountability to increase revenue, margins, and liquidity; streamline processes; improve agility; and become a best-run business. Find out more in this report about a preconfigured solution.

how to make a fifo in accounting  Intelligence in SAP Business All-in-One: Improve Transparency and Agility Business intelligence (BI) functionality can help your company gains visibility, insight, operational alignment, and accountability to increase revenue, margins, and liquidity; streamline processes; improve agility; and become a best-run business. Find out more in this report about a preconfigured solution. Read More

8 Rules for Investing in a New Accounting System


Find out if your current system is a drag on your company in Eight Rules for Investing in a New Accounting System.

how to make a fifo in accounting  Rules for Investing in a New Accounting System Are you sure your financial and accounting system is helping your company grow? It might actually be holding it back. Find out if your current system is a drag on your company in Eight Rules for Investing in a New Accounting System . You'll learn about the warning signs of a financial and accounting system that is dangerously outdated or lacking in critical functionality—and what you can do about it. You'll also discover the eight rules for choosing a Read More

Role of In-memory Analytics in Big Data Analysis


Organizations today need to handle and manage increasingly large volumes of data in various formats and coming from disparate sources. Though the benefits to be gained from analysis of such big data are immense, so are the inherent challenges, including need for rapid analysis. In his article, TEC BI analyst Jorge García discusses how in-memory analytics helps address these challenges and reap the benefits hidden in big data.

how to make a fifo in accounting  Meets Big Data So, how do in-memory technologies fit within the big data spectrum? As the volume, variety, and the processing speed of data increases, organizations will need increasing amounts of data to be collected and analyzed as part of the decision-making process. This information will also need to analyzed in timely manner to confer a competitive advantage. For some organizations, the latency period—i.e., the time it takes for the data to be collected, analyzed, and available for decision Read More

Why Price Shouldn't Be the Final Factor When Investing in Manufacturing ERP Software: The Hidden Expenses Often Found in Low-cost ERP Systems


When it is time to invest in a new enterprise resource planning (ERP) system, a low entry price could be concealing an expensive total cost of ownership. Price should not be the deciding factor. Rather, best fit for your company should be the number one consideration. Download this white paper to learn more about the hidden costs.

how to make a fifo in accounting  Price Shouldn't Be the Final Factor When Investing in Manufacturing ERP Software: The Hidden Expenses Often Found in Low-cost ERP Systems When it is time to invest in a new enterprise resource planning (ERP) system, a low entry price could be concealing an expensive total cost of ownership. Price should not be the deciding factor. Rather, best fit for your company should be the number one consideration. Download this white paper to learn more about the hidden costs. Read More

2011 HR Technology Conference & Expo (Day 1): What Happens in Vegas Shouldn’t Have to Stay in Vegas


Hundreds of industry experts have descended on Las Vegas for the 2011 HR Technology Conference @ Expo (and for other things, such as networking and maybe just a wee bit of gambling), which has been billed as “the world’s best conference on HR Technology.” It’s my second time attending this conference, which is the largest North American gathering of HR professionals, experts, and technology

how to make a fifo in accounting  HR Technology Conference & Expo (Day 1): What Happens in Vegas Shouldn’t Have to Stay in Vegas Hundreds of industry experts have descended on Las Vegas for the 2011 HR Technology Conference & Expo (and for other things, such as networking and maybe just a wee bit of gambling), which has been billed as “the world’s best conference on HR Technology.” It’s my second time attending this conference, which is the largest North American gathering of HR professionals, experts, and technology vendors Read More

In Defense of Data Centers: The Positive Role IT Can Play in the Greening of Business


Corporate concern for the environment is no longer just an issue of compliancy. Businesses are becoming increasingly concerned about how much energy is required by their IT operations, especially by their data centers. Greening IT starts in the data center: find out how data center consolidation—and other solutions—can help you reduce energy consumption, and even increase productivity and efficiency.

how to make a fifo in accounting  becoming increasingly concerned about how much energy is required by their IT operations, especially by their data centers. Greening IT starts in the data center: find out how data center consolidation—and other solutions—can help you reduce energy consumption, and even increase productivity and efficiency. Read More

Best-in-class Strategies for Selecting an ERP Solution in 2013


Enterprise resource planning (ERP) represents a serious investment for any organization and is vital to future success. Top performing organizations approach the selection process with a clear plan and come away with solutions that implement smoothly and help drive business immediately. This report explores the strategies best-in-class organizations employ to find the right ERP fit that will give them the tools they need to thrive.

how to make a fifo in accounting  in-class Strategies for Selecting an ERP Solution in 2013 Enterprise resource planning (ERP) represents a serious investment for any organization and is vital to future success. Top performing organizations approach the selection process with a clear plan and come away with solutions that implement smoothly and help drive business immediately. This report explores the strategies best-in-class organizations employ to find the right ERP fit that will give them the tools they need to thrive. Read More